Stocks Surge to Record Highs as Inflation Cools and Tech Shines
- Nasdaq and S&P 500 stock indexes hit new record closing highs on Thursday
- Gains driven by surging chipmaker and AI stocks as inflation slows
- Fed remains committed to keeping rates high to further cool inflation
- Markets end February with strong gains, Nasdaq up over 7% for the year
- Bitcoin nears all-time high, boosted by spot bitcoin ETFs